Advanced Process Technologies, INC

$1,750,000 PPP Loan in Cokato, Minnesota

Loan Details

Loan Number
7056587005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,750,000
Current Approval
$1,750,000
Forgiveness Amount
$1,763,611
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Process Technologies, INC
Address
150 Swendra Boulevard
City
Cokato
ZIP Code
55321-4740
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$25.2M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,750,000

Lender Information

Servicing Lender
The First National Bank of Cokato
Originating Lender
The First National Bank of Cokato

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